Mandatory account-based cashless gaming and longer shutdown periods form part of the package, while the Government plans to support clubs in reducing their reliance on gambling revenue.
Regulators are now seeking to recover millions that should have been available for community grants, following One Foundation's licence suspension last week.
One Foundation has received a six-day licence suspension as the Department of Internal Affairs tightens oversight of how Class 4 gambling proceeds are accounted for and distributed.
The company will continue operating social games in the state using Gold Coins only.
Inflation-adjusted profit remained the third-lowest June-quarter level since comparable reporting began in 2015, despite the nominal record.
The Australian operator has priced six-year and ten-year fixed-rate notes as part of a capital-management strategy supporting its Victorian lottery licence extension.
New package introduces tougher gambling safeguards, tighter advertising rules and a statewide exclusion system.
Two directors join immediately as the operator continues its governance overhaul.
Disposal forms part of the operator's ongoing asset monetisation programme.
Star Entertainment reported an improved FY26 performance, although significant financial and regulatory uncertainties remain.